SRF trade ideas
Weekly TF Breakout followed by Daily TF BreakdownBullish movement in this stock after weekly chart pattern breakout was stopped by daily chart pattern breakdown and sell trend (Lower High, Lower Low formation) in weekly TF. Selling opportunity is available.
GONE R THE HEADY DAYSWas too stretched to continue. Now-after a long time ready to give money on the downside!! Explained on the chart.Views r personal-not trading recommendation. Trade at your own judgement/risk.
Bearish Flag Pattern SRF has formed a bearish flag pattern on daily candlestick. RSI is overbought on monthly candlestick chart. We expect more probably stock will correct.
SRF Long IdeaPrice created support and gave a strong bounce
Going above 2227 level can be good upside for intraday
SRF Sell side viewSrf can be seen for sell side. It can be seen for intraday as well as swing with Options .
at trendline supportSRF respecting the trendline for more than 3 quarters, possibility to retest resistances in this quater if trendline holds.
SRFCan give a good Risk reward ratio
Can give a good Risk reward ratio
Can give a good Risk reward ratio
Can give a good Risk reward ratio
Can give a good Risk reward ratio
SRF Ltd Cmp 2128 dated 8.11.2021SRF Ltd Cmp 2128 dated 8.11.2021
1. Rectangle Consolidation.
2. RSI Divergence.
Buy for a tgt of 2180-2250-2300 SL 2050
It is just a view, pls trade at your own risk.
SRF Long Swing SetupStock is in a strong uptrend and corrected from ATHs. Near a strong support, shows positivenes with today's green candle. May be bought if tomorrow crosses 2143 , SL 2072, TGT 2300+
[Basket] [Bounce] SRF Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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SRF is at support can give up to 30% returns 1:7 RRI will buy SRF because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 2120
Target : 2800
Stop loss : 1992
SRF - Swing Trade SetupSRF Ltd, 2h
Gave a nice breakout with Volume confirmation, drawn target levels as per Fibonacci Extension
If trend remains strong then further targets of Rs. 11986 & Rs. 12235 can be seen
SRF just observe 11oct 2021 analysislooks conserned on 11 oct 2021
shooting star with decent enough vol next day
waiting lets see what happens
SRF simple long setupsrf daily chart breakout pattern..upmove short term.
simple long setup to be observed for estimated upmove levels..
as long as base support line hold..
decide on ur own.
SRF Ltd is given breakout and it is in All time high.SRF Ltd is given breakout and it is in All time high.
SRF TRADE with stop of 11150Entered SRF @ 11550 with stop of 11150. Targets are open. Will continue till strength is there.
SRF positional view !!SRF : cmp : 10329.45
Trading near the ATH resistance zone of 10350-10405.If it surpass and sustains
above the level a short term buying trigger could be possible in near term.
Closing above previous high. RSI & MFI trending up.
TGT may be 10638/10988
SL 10086 Dclbs
Positional tgt 11488
Sl 9999 Dclbs
Option Strategy : Buy Sept 10500CE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
[ INTRADAY ] SRF LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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